Centre and states are resorting to fuel tax hikes to capture gains from a global oil crash.

"We have to have a reasonable price. India is a major consumer. But at this juncture, India's viewpoint is the price should be reasonable and responsible. Very low prices are not the answer. Reasonable prices are the answer," he said.

Gold prices if compared to the prices in 1980-82 should rise soonGold has nothing to do with QE tapering. When Fed announces QE3 it was trading near All Time high of $1920 in 2011 and Since then if fell below $1200 till December 2013 despite F...

Speaking to mediapersons, Mamata narrated how she conveyed her decision to the minister.

Even as Finance Minister pulls out all the stops to narrow high fiscal deficit, the subsidy bill will overshoot the target of Rs 1.79 lakh crore in this financial year due to higher crude oil prices

Survey reiterates commitment to fiscal consolidation

The estimate takes into account a normal monsoon, further moderation in inflation and a mild recovery in global growth

Along with experiencing a bumper wheat crop this season, farmers in Uttar Pradesh are also forced to sell their produce for as low as Rs 910 per quintal...

The bumper apple crop in Himachal Pradesh this year has failed to translate into good news for growers yet again. Drought and hail have damaged the fruits....

Early this year, the farmers had fetched more than Rs 1,200 for cardamom.

For this episode of On the Evidence, we spoke with the principal investigators for the project: Dave Jones, an associate director in the Health Unit at Mathematica, and Dave Frisvold, an associate professor in the Department of Economics at the University of Iowa.

Pradhan also said that India favours reasonable prices that give some space to the producer countries.

Petrol hiked by Rs 1.67 in Delhi, diesel by Rs 7.10; check new fuel prices...

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According to the latest update by the state health department, total number of coronavirus cases in Karnataka is 753

In this paper, we estimate the impact of the tax on retail prices, product availability, purchases, and child and adult consumption of taxed beverages in Oakland, as well as of potential substitute beverages.

Cambridge, Mass. : National Bureau of Economic Research, 2020

The reopening of liquor shops has brought little cheer to the poor, especially labourers and small farmers, as alcohol has become more expensive following a steep hike in additional excise duty (AED).

Smartphone makers such as Xiaomi, Vivo and OnePlus plan to absorb the exchange rate impact as of now, with the industry fearing a slide in sales since prices are all set to go up due to increase in goods and services tax on smartphones to 18% from 12%. But they will factor the exchange rate in the pricing of future launches, the executives said.

Report points to the possibility of grains being hoarded by farmers and traders to be sold at a later date when mandi operations and logistics normalise

Demand continues to remain high, as harvesting and shipping issues hamper supplies

Farmers hold on to stocks due to great demand for high-quality Indian produce

A disruption in supply chain means that the arrival of commodities across the nation's main mandis remained a cause of concern

Price increase brought on by spike in National Calamity Contingency Duty announced in Budget

'I have no problems with the finance ministry or with state governments treating petrol pump prices as the last resort for meeting their ambitious spending targets with very limited revenue resources.'

'I have no problems with the finance ministry or with state governments treating petrol pump prices as the last resort for meeting their ambitious spending targets with very limited revenue resources.' 'But let's do away with this smokescreen of free pricing of petrol and diesel and go back to administered pricing regime,' says Dr Sudhir Bisht.